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Posted: 2025-04-19 13:56:52 UTC

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-19 13:57:27 UTC
Verified By
Rollup News
Cao Tian, born in 1968, was a billionaire who announced his candidacy for mayor of Zhengzhou in 2011, promising to forgo a salary and contribute 100 million yuan as an 'integrity deposit' to prevent urban management violence and punish corruption. Subsequently, his company was fined 40 million yuan by tax authorities, and he went missing, transforming from a billionaire to a fugitive in just one week.
Cao Tian's mayoral candidacy announcement
Promise of no salary and 100 million yuan integrity deposit
Company fined 40 million yuan
Cao Tian's disappearance and transformation into a fugitive
Company fined 40 million yuan by tax authorities
Cao Tian went missing